MARCHÉS ÉMERGENTS CORRIGÉS – Le ringgit de la Malaisie et le dollar de Singapour gagnent en raison de l’assouplissement des restrictions de voyage


 (Removes S. Korean won and Taiwan dollar levels from the table
as the markets are closed for holidays)
    * Malaysia lifts interstate, international travel curbs
    * Singapore dollar hits two-week high
    * Thai stocks scale over four-week high

    By Sameer Manekar
    Oct 11 (Reuters) - Malaysia's ringgit scaled a near
one-month peak on Monday and equities advanced more than half a
percent after the government lifted interstate and international
travel restrictions, while most other Asian currencies edged
higher.
    Singapore dollar firmed 0.2% to hit its highest in
two weeks, while equities touched a near two-month peak
after the government opened its borders to more countries for
quarantine-free travel.
    Meanwhile, investors will be eyeing Singapore's advanced
third-quarter economic growth data expected later in the week,
with analysts at OCBC Bank expecting a moderation from
second-quarter's 14.7% year-on-year growth.
    The Monetary Authority of Singapore is likely to keep its
monetary policy settings unchanged at this juncture, but may
signal a need for recalibration in 2022, the OCBC analysts said
in a note.
    Meanwhile, a soft U.S. payrolls figure last week did little
to alter market expectations of tapering of bond purchases by
the U.S. Federal Reserve, pressuring risk-sensitive Asian
markets as the U.S. dollar firmed and Treasury yields jumped. 
    The dollar index, which tracks the greenback against
six major currencies, edged higher to 94.139, while the 10-year
benchmark yields hit multi-month highs on
expectations of the Fed's tapering plans.
    Investors now await U.S. September inflation data on
Wednesday, which, according to analysts at Mizuho bank, "will be
a key trigger for bond markets to adjust positions just ahead of
Federal Open Market Committee's minutes."
    In Malaysia, the ringgit added 0.2% to scale 4.167
per U.S. dollar, its highest since Sept. 17, while equities
 advanced as much as 0.7% and were on course to gain for
a fifth consecutive session.
    Malaysia lifted interstate and international travel
restrictions for residents fully vaccinated against COVID-19
starting Monday, as the country achieved its target of
inoculating 90% of its adult population.
    The Thai baht firmed by about 0.3% while stocks
 were up 0.4% to scale their highest in more than four
weeks. The Indonesian rupiah also edged higher.
    Among the regional equity markets, Philippine stocks
surged 2.7% for their biggest intraday jump since mid-August,
rallying after two consecutive sessions of declines, while the
peso slipped 0.3%.
    Markets in South Korea, and Taiwan
 were closed for a holiday.
    
    
    HIGHLIGHTS:    
    ** Indonesian 10-year benchmark yields edges higher to
6.359%
    ** China orders miners in Inner Mongolia to ramp up coal
production - nL1N2R40KN
    ** India says it has ample coal stocks for power sector -
nL4N2R6076
    ** Global tax deal seeks to end havens, criticized for 'no
teeth' - nL1N2R41MK
    
    
  Asia stock indexes and                            
 currencies at 0339 GMT                        
 COUNTRY  FX RIC        FX    FX  INDE  STOCK  STOCK
                     DAILY   YTD     X      S  S YTD
                         %     %        DAILY      %
                                            %  
 Japan               -0.42  -8.3  <.N2  1.57   3.81
                               9  25>          
 China    <CNY=CFX   +0.10  +1.4  <.SS   0.31   3.75
          S>                   1  EC>          
 India               +0.00  -2.5  <.NS   0.00  27.99
                               6  EI>          
 Indones             +0.07  -1.2  <.JK  -0.16   8.23
 ia                            0  SE>          
 Malaysi             +0.24  -3.5  <.KL   0.60  -3.32
 a                             0  SE>          
 Philipp             -0.24  -5.2  <.PS   2.86  -0.50
 ines                          3  I>           
 Singapo             +0.10  -2.4  <.ST   0.06   9.53
 re                            3  I>           
 Thailan             +0.18  -11.  <.SE  -0.04  13.07
 d                            33  TI>          
 

 (Reporting by Sameer Manekar in Bengaluru; Editing by Simon
Cameron-Moore)
  



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